This letter includes two parts; one part, below, which is our standard review, and a second part, titled A Historical Review, following the conclusion of this letter, written for anyone with more appetite on the topic of stock market investing. … Read More
During the second quarter, the major U.S. stock market indices were mixed. The S&P 500 and Dow Jones Industrials declined 0.2% and 0.9% (excluding dividends), respectively, while the NASDAQ Composite gained 1.9% (excluding dividends). Interest rates rose sharply in apparent … Read More
During the first quarter, the major U.S. stock market indices had a mixed performance; the S&P 500 and NASDAQ Composite gained 1.0% and 3.5%, respectively while the Dow Jones Industrials lost 0.3%. Interest rates declined slightly as some weaker economic … Read More
During the fourth quarter, the major U.S. stock market indices continued their gradual, albeit irregular, ascent; the S&P 500, Dow Jones Industrials and NASDAQ Composite gained 4.9%, 5.2% and 5.8% respectively. During 2014, those indices recorded returns of 13.7%, 10.0% … Read More
U.S. STOCK AND BOND MARKETS Despite worries about geopolitical events and future Federal Reserve policy, the major U.S. stock market indices have continued their slow ascent. During the third quarter, the S&P 500, Dow Jones Industrial and NASDAQ Composite indices … Read More
U.S. STOCK AND BOND MARKETS During the second quarter of 2014, the major U.S. stock market indices climbed higher. The S&P 500, Dow Jones Industrial and NASDAQ Composite averages posted gains of 5.2%, 2.8% and 5.5%, respectively. Those indices have … Read More
Following stellar gains in 2013, the stock market experienced an unusual losing January before wobbling higher during February and March. During the quarter, the S&P 500 and NASDAQ Composite stock indices recorded gains of 1.8% and 0.8%, respectively. The Dow … Read More
Fourth Quarter 2013 simulated the first three quarters: Washington remained dysfunctional and investors remained fretful concerning interest rates, but the stock market rose anyway. During the quarter, the S&P 500, Dow Jones Industrials and NASDAQ Composite gained 10.5%, 10.2% and … Read More